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Current Attempt in Progress The ledger of Crane Company has the following work in process inventory account. Production records show that there were 4 0

Current Attempt in Progress
The ledger of Crane Company has the following work in process inventory account.
Production records show that there were 400 units in the beginning imventory, 30% complete, 1,700 units started into production,
and 1,500 units completed and transferred out. The beginning work in process had materials cost of $3,140 and conversion costs of
$550. The units in ending inventory were 40% complete as to conversion costs. Materials are entered at the beginning of the painting
process, and conversion costs are incurred uniformly throughout the process.
How many units are in process at May 31?
Work in process, May 31
units
eTextbook and Media
What is the unit materials cost for May? (Round unit cost to 2 decimal places, e.g.2.25.)
The unit materials cost for May
$
eTextbook and Media
What is the unit conversion cost for May? (Round unit cost to 2 decimal places, e.g.2.25.)
The unit corversion cost for May
$
eTextbook and Media
What is the total cost of units completed and transferred out in May?
The total cost of units transferred out in May
$
eTextbook and Media
What is the cost of the May 31 work in process inventory?
Work in process
$
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